Self Employed full 18 - Bank, credit card and other financial charges

Include any:

• bank, overdraft and credit card charges
• hire purchase interest and leasing payments
• alternative finance payments

Do not include:

• repayment of the loans or overdrafts, or finance arrangements
• a proportion of interest and other charges where borrowing not used solely for the business

Note: If you claim the trading income allowance, you cannot deduct allowable expenses or simplified expenses, do not enter an amount here.

For more information on the trading income allowance, go to Tax-free allowances on property and trading income.